OMRON (OTCMKTS:OMRNY)‘s stock had its “sell” rating reaffirmed by Citigroup in a note issued to investors on Wednesday.
OTCMKTS OMRNY opened at $47.48 on Wednesday. OMRON has a 52-week low of $34.43 and a 52-week high of $60.50.
A hedge fund recently raised its stake in OMRON stock. Hancock Whitney Corp lifted its stake in shares of OMRON Corp (OTCMKTS:OMRNY) by 8.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 12,591 shares of the company’s stock after acquiring an additional 933 shares during the period. Hancock Whitney Corp’s holdings in OMRON were worth $459,000 as of its most recent SEC filing.
OMRON Corporation manufactures and sells automation components, equipment, and systems worldwide. The company's Industrial Automation Business offers programmable and motion controllers, sensing and safety devices, inspection systems, industrial robots, precision laser processing equipment, and control devices for manufacturing industry.
Further Reading: Return on Equity (ROE)
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